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executive decision making in organizations. In our laboratory experiment, advisers are informed about the negative externalities …
Persistent link: https://www.econbiz.de/10012114824
them. Through a pre-registered and theory-guided laboratory experiment, we provide evidence that such reciprocal … themselves. This leads to higher cooperation and larger profits when participants can consider each other's preferences. …
Persistent link: https://www.econbiz.de/10014467870
should be equivalent to beliefs assessed for the contingency of receiving such information. Using an experiment, we decompose …
Persistent link: https://www.econbiz.de/10014475805
. Using an experiment, I exogenously vary the degree of ambiguity while eliciting measures of likelihood insensitivity and …
Persistent link: https://www.econbiz.de/10013163191
model. Third, we run an experiment to test the model's main predictions in a context where the researcher knows the true …
Persistent link: https://www.econbiz.de/10012588630
model. Third, we run an experiment to test the model's main predictions in a context where the researcher knows the true …
Persistent link: https://www.econbiz.de/10012605001
Motivated reasoning posits that people distort how they process new information in the direction of beliefs they find more attractive. This paper introduces a novel experimental paradigm that is able to portably identify motivated reasoning from Bayesian updating across a variety of factual...
Persistent link: https://www.econbiz.de/10013215857
, we run an experiment to test the model’s main predictions in a context where the researcher knows the true underlying …
Persistent link: https://www.econbiz.de/10013219070
Overconfidence is one of the most ubiquitous cognitive bias. There is copious evidence of overconfidence being relevant in a diverse set of economic domains. In this paper, we relate the recent concept of cognitive uncertainty with overconfidence. Cognitive uncertainty represents a decision...
Persistent link: https://www.econbiz.de/10013257953
experiment. Treatments vary by the type of reciprocity examined (direct, indirect) and information conditions (no information …
Persistent link: https://www.econbiz.de/10013245255